Darknet Diaries 124: Synthetic Remittance
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Sep 20, 2022 Dive into the mind of Evaldas Rimašauskas, a master of deception who pulled off a massive scheme against tech giants. Learn how he blended social engineering and email fraud to siphon millions. The podcast also contrasts Warren Buffett's investment wisdom with get-rich-quick dreams. Plus, explore Facebook's financial maneuvers and the challenges of navigating the corporate world, from impressive revenues to strategic acquisitions. A whirlwind of crime, finance, and the complexities of big tech awaits!
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Facebook's Fortune
- In 2012, Facebook generated $5 billion in revenue.
- This prompted Evaldas Rimašauskas to contemplate how he could get a share of such wealth.
The Instagram Acquisition
- Evaldas wondered who at Facebook had the authority to write billion-dollar checks after they acquired Instagram for $1 billion.
- This sparked his interest in Facebook's financial operations.
Seeking a Shortcut
- Evaldas wanted a portion of Facebook's wealth but lacked a valuable product to sell.
- He and his team began gathering information about Facebook's financial processes through social engineering.